Today’s Colorado Springs housing market snapshot is live — including active listings, median prices, days on market, and whether it’s a buyer’s or seller’s market right now.
Read the full market report on Grok the Market →
Data sourced from the Pikes Peak MLS, updated daily. Questions? Call Rob or visit shouldimovenow.com for the interactive version.
Today’s Colorado Springs housing market snapshot is live — including active listings, median prices, days on market, and whether it’s a buyer’s or seller’s market right now.
Read the full market report on Grok the Market →
Data sourced from the Pikes Peak MLS, updated daily. Questions? Call Rob or visit shouldimovenow.com for the interactive version.
Today’s Colorado Springs housing market snapshot is live — including active listings, median prices, days on market, and whether it’s a buyer’s or seller’s market right now.
Read the full market report on Grok the Market →
Data sourced from the Pikes Peak MLS, updated daily. Questions? Call Rob or visit shouldimovenow.com for the interactive version.
Today’s Colorado Springs housing market snapshot is live — including active listings, median prices, days on market, and whether it’s a buyer’s or seller’s market right now.
Read the full market report on Grok the Market →
Data sourced from the Pikes Peak MLS, updated daily. Questions? Call Rob or visit shouldimovenow.com for the interactive version.
Today’s Colorado Springs housing market snapshot is live — including active listings, median prices, days on market, and whether it’s a buyer’s or seller’s market right now.
Read the full market report on Grok the Market →
Data sourced from the Pikes Peak MLS, updated daily. Questions? Call Rob or visit shouldimovenow.com for the interactive version.
Today’s Colorado Springs housing market snapshot is live — including active listings, median prices, days on market, and whether it’s a buyer’s or seller’s market right now.
Read the full market report on Grok the Market →
Data sourced from the Pikes Peak MLS, updated daily. Questions? Call Rob or visit shouldimovenow.com for the interactive version.
Today’s Colorado Springs housing market snapshot is live — including active listings, median prices, days on market, and whether it’s a buyer’s or seller’s market right now.
Read the full market report on Grok the Market →
Data sourced from the Pikes Peak MLS, updated daily. Questions? Call Rob or visit shouldimovenow.com for the interactive version.
The 411 for the 719 maintains a hyperlocal business roster. Check out their Top Rated Cleaning Companies in Colorado Springs here!
Great question! In Colorado Springs, it’s not the norm to move in or take possession of the property prior to closing. It does happen but it’s not the norm.
Why is that?
There are a few primary reasons:
These are a few reasons it’s not likely and often not recommended for sellers to allow buyers to move in or occupy a property before closing.
If you are looking to buy or sell residential real estate in Colorado Springs, please give me – Rob Thompson, Realtor® – a call at 719-440-6626!
In the real estate industry, agents and lenders speak often of average days on the market, closed to list price ratios and other metrics.
There’s something we need to really consider to gain perspective on the overall market conditions, though. That concept is survivorship bias.
This form of bias results when one mistakes one part of the data for all the data. In the case of housing, if I share the following stats with you:
The closed to original list price ratio for the last 30 days for Single Family Homes in El Paso County is 98.56%.
I am sharing that homes are selling for 2.52% below their list price on average in the last 30 days.
Contrast that with this same time last year, in which homes were selling for a median of 98.51%
One might infer from this that the market hasn’t shifted much.
However, the homes that did not sell in the last 30 days increased by a factor of over 70%.
Looking only at one set of the data – the homes that sold – would blind an observer to the fact that quite a few more homes have fallen out of the market in these last 30 days.
Here’s a bit more technical analysis via my GrokTheMarket blog.